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Articles - kanceláře

The most anticipated construction of Prague opens. How did time go with Masarycka?

Gold wedge towering above the new square. A monumental building in a lucrative place in the center of Prague, where the abandoned brownfield was until recently. And inside the tenants of known names. One of the most watched Prague buildings in recent years has gained in charge and begins to move the first tenants.

UBM will build the world's tallest wooden skyscraper in Vienna

UBM Development AG will implement the construction of the Timber Marina Tower project, a 113-meter high office building with a wood-hybrid structure in Vienna's Handelskai district. At the same time, the company progressed with the Timber View residential project and the Timber Peak office building in Mainz, and with the preparation of the LeopoldQuartier district in Vienna. UBM plans to become the largest European developer of ecological buildings with a wooden structure. In the Czech Republic, the parent company's vision is followed by UBM Development Czechia, which is building the Timber Praha residential project, the first wooden multi-storey apartment buildings in the capital. Compared to ambitious high-rise building projects abroad, however, Timber Praha's energy-sustainable houses have a maximum height of 12 meters, due to restrictions arising from domestic legislation.y

New business headquarters in Ostrava. Contera is completing a building worth a billion and a half

Back in the 1980s, the Karolina coking plant operated in the Ostrava area. The part of the city that originally served mines and heavy industry was then an empty brownfield for several years. However, it is gradually turning into the commercial and administrative center of the city and is attracting more and more investors.

Prague offices will soon be in short supply, the price of their equipment is driven up by ESG and modern standards

High demand and a lack of new projects caused a decrease in the vacancy rate of Prague offices, which currently stands at 7.26%. The volume of new construction and renovations was approximately 143,600 square meters at the end of Q2 2023, and the total market size was 3.85 million square meters. Reference rent prices have not changed in any way compared to the previous quarter, however, in connection with ESG and modern standards, the price of office equipment is increasing. It can easily exceed 1,000 euros per square meter. That's according to a survey by Colliers, a leading provider of diversified professional services in commercial real estate and investment management.

Polish reality scores again. Czech fund Investika bought in Gdynia for one billion

The Czech real estate fund Investika became the new owner of the Tensor administrative complex in Gdynia. He is investing in Poland for the fifth time, this time one billion crowns. The popularity of the neighboring country is also growing among other Czech investors thanks to the greater number of opportunities, higher yields and still relatively affordable prices.

How to build offices, apartments and tower blocks from wood? A Czech-Austrian legislative loophole is emerging

Europe's fight against carbon dioxide is pushing developers to reduce their carbon footprint. Building so-called sustainably will be crucial for the financing of new projects in the coming years. Domestic developers already want to use industrially processed wood to a greater extent for the construction of offices and apartment buildings. But legislation prevents them from doing so. Studio Qarta Architecture of architects Jiří Řezák and David Wittassek now offers a possible solution to break the ice in this regard in the Czech Republic.

Interest in spaces in mixed-use complexes is growing, but their construction is lagging behind in the Czech Republic

In the Czech Republic, there is a growing interest in so-called mixed-use projects that connect offices, shops, housing and various forms of social enjoyment. Unfortunately, their construction still lags behind the surrounding countries. The reason is primarily the very long building permit process. While in Poland, for example, a permit for a new building takes only a few months, here it usually takes years.

Home office is offered by 39% of companies. At the same time, 3 out of 5 young Czechs stand for the possibility to work alternately from home

The demand for a combination of working from home and from the office remains high even with the end of the post-covid period. It attracts young people the most, 3 out of 5 employees under the age of 35 would like to use it. Older generations, on the other hand, are more reserved on the issue. Less than half (41%) prefer to work purely in the office, only 15% of them use work from home in practice. A total of 39% of companies offer an alternating work model. This follows from a survey mapping the attitudes of employees and employers for Scott.Weber Workspace.1

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